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A boundary point lemma for Black-Scholes type operators

Analysis of PDEs 2008-12-02 v1 Pricing of Securities

Abstract

We prove a sharp version of the Hopf boundary point lemma for Black-Scholes type equations. We also investigate the existence and the regularity of the spatial derivative of the solutions at the spatial boundary.

Keywords

Cite

@article{arxiv.math/0509231,
  title  = {A boundary point lemma for Black-Scholes type operators},
  author = {Erik Ekström and Johan Tysk},
  journal= {arXiv preprint arXiv:math/0509231},
  year   = {2008}
}

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10 pages